Samuel v. Public National Bank & Trust Co.
This text of 151 Misc. 200 (Samuel v. Public National Bank & Trust Co.) is published on Counsel Stack Legal Research, covering Appellate Terms of the Supreme Court of New York primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Opinion
By virtue of the provisions of the agreement between the bank and its depositor, as well as the right given to the bank under section 151 of the Debtor and Creditor Law, the bank was justified in applying the credit balance of the judgment debtor toward the payment of his unmatured indebtedness to the bank.
Judgment reversed, with thirty dollars costs, and complaint dismissed on the merits, with costs.
All concur; present, Lydon, Frankenthaler and Untermyer, JJ.
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151 Misc. 200, 270 N.Y.S. 112, 1932 N.Y. Misc. LEXIS 1796, Counsel Stack Legal Research, https://law.counselstack.com/opinion/samuel-v-public-national-bank-trust-co-nyappterm-1932.